FMCG India’s highest paying industry: Randstad Report

peoplematter | April 13, 2017

FMCG has emerged as the highest paying sector, according to the 2017 Salary Trends Study released by Randstad. The Industry provides an average annual salary of Rs 11.3 lakh across all levels and functions, which makes employees in the FMCG industry highest paid.

Spotlight

Recent reports show that only 15% of workers are engaged at work, globally! Managers are busy, employees are disengaged and the current office culture is at havoc! Businesses and modern workplaces are ever-evolving and you must keep updating your employee engagement efforts to keep up! aCheck these 10 effective and easy-to-implement employee engagement activities to reinvent your workforce.


Other News
HR PRACTICE,EMPLOYEE EXPERIENCE

Click Boarding Launches New Campaign to Improve Employee Onboarding

Click Boarding | September 01, 2022

Click Boarding, LLC, the award-winning onboarding and employee experience platform, announced the recent launch of a new brand campaign reflective of today's ongoing talent wars. Coined the Valley of UncertaintyTM by the company's executive leaders, the concept represents the worrisome time for candidates as they transition from recruitment into the day-to-day business as an employee. It's also when newly hired employees are at the highest risk of leaving an organization. When combined with a lack of investment from leadership, the outlook can be dismal. To underscore the threat the Valley poses in today's volatile talent market, Click sponsored Boston-based Madeline Laurano of Aptitude Research for an in-depth analysis on the real state of onboarding. Head of Marketing Michelle Graham says although not surprising, the data provided by Aptitude Research was jarring. The report validated our suspicions: onboarding remains stagnant, while other HR technology investments have risen over the past several years. We've always known the first 90 days are critical for retention; this study confirms that the onboarding period is now more important than ever, with deep impacts on an organization's bottom line. Graham says the campaign kicked off with a Click-hosted webinar on Thursday, Aug. 11, 2022, with an engaging discussion of the intelligence and statistics featured in Laurano's exclusive report. Additionally, Graham added the campaign includes a Tech Talk on the Valley of Uncertainty at the HR Tech Fall 2022 exposition in Las Vegas, Nevada, from Sept. 13-16, 2022. About Click Boarding, LLC Founded in 2014 and headquartered in Minneapolis, Minnesota, Click Boarding, LLC is an employee experience platform providing compliant HR solutions that impact first-year employee growth and retention. With a seamless, mobile-first platform, we help leading enterprise organizations deliver modern, guided lifecycle experiences throughout the entire employee journey, from preboarding to offboarding. Our technology and unparalleled expertise help Fortune 500 companies achieve a higher return on investment.

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TALENT ACQUISITION

Phenom Launches Customer Advisory Board to Drive Innovative Solutions to Today’s Top Talent Challenges

Phenom | July 18, 2022

Phenom, the global leader in Talent Experience Management (TXM), launched its Customer Advisory Board (CAB), bringing together global companies to discuss their top hiring and retention challenges. The board’s insights will also influence product innovations throughout the Phenom talent experience platform, enabling customers to meet evolving workforce goals in the face of a changing talent landscape. Executives from retail, financial services, manufacturing, healthcare and software sectors — including U.S. Bank, Giant Eagle, Bon Secours Mercy Health and Life Time — joined Phenom’s CAB meeting in Philadelphia for day-long sessions and peer-to-peer networking. Collectively these global brands employ hundreds of thousands of people, and hire and professionally develop thousands more a year. While examining the current macroeconomic environment and sharing insights into their respective industries, CAB members singled out skills, talent acquisition automation, greater efficiency and diversity and inclusion as the top business priorities in the C-suite — particularly in industries with rapid turnover and seasonal hiring needs such as healthcare, hospitality, manufacturing, retail and transportation. “The companies taking part in our first-ever Customer Advisory Board are ahead of the talent curve, Insights from what they are hearing and seeing in a shifting talent landscape are invaluable as we develop the technology of tomorrow.” -Jess Elmquist, Chief Human Resources Officer and Chief Evangelist of Phenom. Mahe Bayireddi, Phenom CEO and co-founder, provided a strategic innovation overview and discussed the company’s 10-year history of building industry and use-case specific artificial intelligence (AI) data models as key differentiators in Phenom’s four experience areas: candidates, employees, recruiters and managers. Fortune 500 companies are using AI to streamline and remove friction from the candidate experience, while recruitment teams can save substantial time on administrative tasks such as interview scheduling. AI also helps existing employees with a tailored career path, skills gap analysis, and learning courses to support professional development. The Phenom CAB meeting comes as the pace of job-switching continues around the world, intensifying the battle for talent and raising the stakes on companies’ ability to attract new workers while holding on to their own employees. About Phenom- Phenom has a purpose of helping a billion people find the right job. Through AI-powered talent experiences, HR teams are using Phenom to hire employees faster, develop them to their full potential, and retain them longer. The Phenom Talent Experience Management (TXM) platform seamlessly connects candidates, employees, recruiters, and managers — empowering over 500 diverse and global enterprises with innovative products including Phenom Career Site, Chatbot, CMS, CRM, AI Scheduling, Video Assessments, Campaigns, University Recruiting, Talent Marketplace, Career Pathing, Gigs, Mentoring, and Referrals.

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EMPLOYEE BENEFITS,WORKERS COMPENSATION

Salary.com Named to Constellation ShortList for Compensation Management

Salary.com | August 25, 2022

Salary.com® today announced it was named to the Constellation ShortList™ for Compensation Management in Q3 2022. The technology vendors and service providers included in this program deliver critical transformation initiative requirements for early adopters and fast-follower organizations. "Receiving the Constellation ShortList award is a testament to how our data and software innovations are powering advancements in mission critical workforce objectives, including achieving pay equity and transparency, Today's labor dynamics make it clear that maintaining the status quo is not an option. We're proud of our work with thousands of forward-thinking companies who are committed to getting pay right. We are especially proud to have achieved this honor for the fourth year in a row." -Salary.com CEO Kent Plunkett Salary.com's market leading CompAnalyst® SaaS platform accelerates compensation workflows, delivers real-time data, provides job description management, and powers accurate, equitable and competitive compensation. In allowing for deep analysis with a few clicks, CompAnalyst helps organizations quickly identify equity issues, flight risks, and other real-time talent intelligence insights that play a key role in winning the war for talent. Organizations must reconsider how they balance business models, work/life priorities, and new market conditions during the uncertain climate of the Great Refactoring, Constellation's ShortLists reflect the top vendors that matter most to our network of buy-side clients. We publish ShortLists to expedite the decision-making process for leaders making critical vendor selections, so they can find the right partners to enable their business success,said R "Ray" Wang, chairman and founder at Constellation Research. Constellation Research advises leaders on leveraging disruptive technologies to achieve business model transformation and streamline business processes. Products and services named to the Constellation ShortList meet the threshold criteria for this category as determined through client inquiries, partner conversations, customer references, vendor selection projects, market share, and internal research. The portfolio is updated at least once per year as the analyst team deems necessary based on market conditions. ABOUT SALARY.COM Salary.com® is the leading provider of compensation market data, software, and analytics, bringing more of the trusted data and intuitive software organizations need to get pay right. The industry's fastest-growing compensation management company, Salary.com serves over 30,000 survey participant organizations, over 8,000 business-to-business software subscribers, and over 45 million employees globally. HR professionals rely on Salary.com's 360° view of their compensation practices so they can efficiently and accurately achieve internal pay equity and adapt to market changes. Salary.com's state-of-the-art CompAnalyst® accelerates compensation workflows, delivers real-time data, and powers accurate, equitable, and competitive compensation through one intuitive platform.

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HR ANALYTICS,HR STRATEGY

Reejig launches the Reejig Impact Fund at HR Technology Conference and Expo in Las Vegas

Reejig | September 19, 2022

Enterprise-grade workforce intelligence platform Reejig is proud to announce the launch of the Reejig Impact Fund at the HR Technology Conference and Expo in Las Vegas. The Impact Fund is designed to help underrepresented communities unlock career opportunities, growth, and potential. It will donate Reejig's workforce intelligence technology to veterans, skilled refugees and other underrepresented communities, with a goal to reskill, build new capabilities, and remove barriers to career opportunities for all. "Reejig's mission is to create a world with Zero Wasted Potential in business, people, and society. We're not just building technology; we're also creating recurring impact and change for the better. The Reejig Impact Fund is our way of giving back to society by removing barriers to career opportunities for all. When people have fair and equitable access to personally meaningful work no matter their background all of society can reap the benefits" -Siobhan Savage, CEO & Co-Founder of Reejig Reejig is calling on as many people as possible to join the pledge to unlock a world with Zero Wasted Potential. For each pledge, Reejig will gift its workforce intelligence technology to someone from an underrepresented community, giving them access to career opportunities that align to their skills, interests, and potential. The launch of The Impact Fund comes after a huge year of growth for Reejig. The team has grown by over 1000% and opened offices in APAC, NAMER, and the UK. It is rapidly adding to its global enterprise client portfolio with clients such as AWS, KPMG, Woolworths Group, John Holland, and Allianz. Reejig announced last week that it had secured an investment from Salesforce Ventures, adding to its world-class investor portfolio including Skip Capital, headed by Atlassian co-founder Scott Farquhar, Airtree Ventures, and Culture Amp's Didier Elzinga. Siobhan Savage will be speaking at the HR Technology Conference and Expo in Las Vegas, which runs from 13th – 16th September. Siobhan's session, Have you got your Zero Wasted Potential People Strategy? will focus on how HR leaders can create a winning people strategy in this volatile environment. Siobhan Savage, said of being at the conference, We are excited to connect with the world's top people leaders in Vegas this week at HR Tech. We're challenging leaders to approach their people strategy with the same rigor that they would do their supply chain or finances. This starts with knowing who your people are, what skills they have and how you are utilizing them. We created Reejig to give organizations true visibility of their people and their potential, at scale, so they can optimize their workforces and create meaningful careers for everyone involved. About Reejig: Reejig is a leading workforce intelligence platform that enables global organizations to find, retain, and upskill talent at scale. Powered by the world's first independently-audited, ethical AI, Reejig acts as your central nervous system for all talent decisions, enabling zero wasted potential.

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Spotlight

Recent reports show that only 15% of workers are engaged at work, globally! Managers are busy, employees are disengaged and the current office culture is at havoc! Businesses and modern workplaces are ever-evolving and you must keep updating your employee engagement efforts to keep up! aCheck these 10 effective and easy-to-implement employee engagement activities to reinvent your workforce.

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